Boeing Celebrates Farnborough Airshow Anniversary with Focus on Global Partnerships and Innovative Products

Net commercial orders for 2014 rise to 783

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Jul 17, 2014, 08:00 ET

FARNBOROUGH, United Kingdom, July 17, 2014 /PRNewswire/ -- Boeing (NYSE: BA) marked 40 years as an exhibitor at the Farnborough International Airshow this week by highlighting its innovative, efficient commercial airplanes and its advanced defense capabilities.

Boeing announced a new 200-seat 737 MAX 8 option that will give airlines up to 11 more seats of revenue. This latest addition to Boeing's comprehensive product and services line-up will deliver 20 percent fuel-consumption savings compared to today's Next-Generation 737.

Boeing also announced new details about the interior of the 777X. The new model will build on the award-winning interior of today's 777 and apply 787 Dreamliner cabin innovations: higher cabin humidity, windows more than 15 percent larger and a cabin that is 16 inches (40.6 cm) wider than the competition, allowing airlines a variety of economy class seat widths.

Boeing unveiled its new Maritime Surveillance Aircraft at Farnborough. The aircraft, based on a Bombardier Challenger 605 business jet, will provide customers with maritime and overland surveillance, anti-piracy, coastal security and search-and-rescue capabilities.

Boeing signed a memorandum of collaboration with Paramount Group to jointly develop defense and security opportunities in key international markets. Paramount Group is Africa's largest privately owned defense and aerospace business.

Customers demonstrated their strong confidence in the family of Boeing commercial products, announcing orders and commitments for 201 Boeing airplanes valued at more than $40.2 billion at list prices. Additional orders announced this week will be posted today on Boeing's Orders & Deliveries website, bringing the number of net orders for 2014 to 783.

"Over 40 years of exhibiting at Farnborough, Boeing has consistently demonstrated its commitment and drive to innovate and develop game-changing products, equipment and services across the commercial and defense sectors," said Charlie Miller, vice president of International Communications. "Farnborough 2014 was filled with excitement and enthusiasm among our customers, partners and suppliers and strong endorsement of our product line with commercial orders that bring our tally this year to 783."

Boeing products flying at the show include the new 787-9 Dreamliner, the P-8A Poseidon -- a military derivative of the company's Next-Generation 737-800 -- and the multi-role F/A-18E/F Super Hornet strike fighter.

Two aircraft from the Boeing-Royal Aeronautical Society "Schools Build a Plane Challenge" will arrive at the show later today. This initiative provides young people in UK secondary schools with the opportunity to learn new skills by building an operational light aircraft from a kit. The two airplanes are scheduled to participate in the flying display on Friday and remain on static display for the public demonstration events.

Customer announcements at the 2014 Farnborough International Airshow

Customer	Quantity / Model	Value at list prices	Status
Monarch Airlines	(30) 737 MAX 8	$3.1 billion	Commitment
Okay Airlines	(6) 737 MAX 8 (4) 737-800	$980 million	Order
Avolon	(6) 787-9 (5) 737 MAX 9	$2 billion	Commitment
Air Lease Corp.	(6) 777-300ER (20) 737 MAX	$3.9 billion	Order
Intrepid	(6) 777-300ER	$1.9 billion	Order
CIT	(10) 787-9	$2.5 billion	Order
Air Algerie	(2) 737-700C	$152 million	Order
Qatar Airways	(50) 777-9X (4) 777 Freighters	$20.1 billion	777X - Order 777F - Commitment
MG Aviation	(2) 787-9	$499 million	Order
Hainan Airlines	(50) 737 MAX 8	$5.1 billion	Commitment
Total Orders and Commitments	201 airplanes	$40.2 billion